Bitcoin miner Marathon Digital Holdings is preparing for the halving. In a Tuesday statement, the publicly traded company announced the acquisition of two Bitcoin mining sites for $178.6 million. The datacenter sites are based in Texas and Nebraska. The move will add 390 megawatts of capacity, the company said, and it is expected it will reduce the cost per coin…
Portal is moving to bridge the gap between crypto games and blockchain networks with a single token and platform. And now we know when its token is set to be airdropped. The Portal airdrop will take place in January, the project’s official Twitter account announced Monday, with the current Crystal Dash airdrop farming game set to conclude then. At that…
Blockchain gaming startup Immutable announced Tuesday the official launch of Immutable Passport, a universal sign-on and wallet solution aimed at simplifying access to online games and marketplaces for players. Immutable Passport provides users with a single identity and wallet that allows them to easily carry digital assets, achievements, identities, and funds across multiple crypto games and marketplaces. The company claims…
You get an airdrop! You get an airdrop! Amid hopes and prayers for the crypto bull market’s imminent return, the onslaught of “free money” airdrops for crypto users continues. The latest comes courtesy of Frame, an Ethereum scaling network designed for NFTs. The project announced Tuesday that it will soon launch a native FRAME token, and that any crypto user…
One week ago, cyberattackers announced that they’d hacked into Sony game studio Insomniac Games and would leak over a terabyte of confidential data—unless a hefty ransom of 50 Bitcoin ($2 million at the time) was paid within seven days. The files went up on auction immediately last week, but only 2% of the leaked trove appears to have been sold,…
.Com, .Net, .Gov. Next: .Shib? That’s the dream, anyway, of the team behind the dog-themed Shiba Inu (SHIB) crypto ecosystem, which announced Tuesday that it plans to apply for a .shib top-level-domain (TLD) with ICANN, the nonprofit that maintains numerous aspects of the internet. While organizations such as the Ethereum Name Service and companies like Unstoppable Domains already offer crypto…
Alleged crypto crook Do Kwon may not be extradited to the United States—yet. A Tuesday notice by a Montenegro court ordered a review of the Terra founder’s extradition. The decision to delay the extradition comes after Do Kwon’s defense filed a complaint. Last month, a court approved the disgraced entrepreneur’s extradition. He will now wait in Montenegro until the court…
BONK has been one of the biggest stories in crypto the last few weeks, as the meme coin surged nearly 1,000% in a matter of weeks while the broader Solana ecosystem found new life. But meme coins are famously volatile, and BONK has plunged substantially since hitting a new all-time peak last week. The dog-themed coin skyrocketed last week to…
New ticker, who this? BlackRock has chosen a new ticker for its iShares Bitcoin Trust: IBIT. The new detail appeared in an amendment to the asset manager’s S-1 application, which was filed with the SEC yesterday. On top of that, the filing now shows that the ETF will be cash-only. That means new shares of the fund can only be…
U.S. Senator Elizabeth Warren (D-Mass.) has claimed that crypto industry lobbying efforts “undermine” the Biden Administration’s attempts to address the role of cryptocurrency in terrorist financing. In a letter to the Blockchain Association’s chief executive, Kristin Smith, Warren reiterated her earlier claims that cryptocurrency is used by terrorist groups including Hamas to bypass sanctions. Warren accused the Blockchain Association and…
